Top Web 3.0 Projects To Follow In 2022

Nov 29, 2022
2 min read

This blog post will cover:

  • Chainlink (LINK)
  • Filecoin (FIL)
  • Flux (FLUX)
  • Basic Attention Token (BAT)
  • Ethereum (ETH)

Welcome to the SimpleSwap Blog! Today we are going to review the most interesting Web 3.0 projects that keep holding the attention of crypto enthusiasts. Let's start!

Chainlink (LINK)

Chainlink is the most popular provider of external data to smart contracts. The project expands the opportunities of smart contracts by connecting blockchain to real external data with the maximum degree of security that blockchain technology can provide. Chainlink integrated the ability to create JavaScript-based smart contracts, which attracted the attention of more devs of custom data streams.

Filecoin (FIL)

The decentralized storage blockchain. This platform allows almost any user to earn FIL cryptocurrency by providing free space on their own hard drives for rent. The option given by the platform to store visual art or music compositions used in NFT is certainly an important point for the blockchain industry.

Flux (FLUX)

Flux is the platform for the development of decentralized and Web3 applications. The project allows you to deploy any app created simultaneously in multiple blockchain networks. Flux also provides developers with a customizable oracle that delivers all kinds of internal and external data.

Basic Attention Token (BAT)

This is the utility token of the Ethereum network, used to support digital advertising based on the blockchain technology in the special Brave browser. The user can optionally view ads and receive a reward in the form of a BAT token. The advertiser uses a BAT token to launch an ad campaign. Regardless of the privacy of users in the Brave browser, advertisers have the opportunity to increase the efficiency of the advertising campaign via target options.

Ethereum (ETH)

The most popular blockchain platform with smart contracts. Also Ethereum is a leader in the NFT industry, as the most recognizable and selling NFT collections are launched on the Ethereum network. The shift to a new ecological consensus algorithm will attract more attention and investments, therefore playing a significant role in Web3.

We hope you enjoyed our little review. Come back to the SimpleSwap Blog to explore Crypto World together!

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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